BENEFITS
Explore a New World of Powerful Automation
Go Beyond Compliance
- Automate compliance and focus on existing and emerging risk
- Align Internal Audit with your business’ strategic objectives
- Scope audits on a risk-based priority scale
- Implement a continuous risk assessment methodology
- Focus on the right risks at the right time
Streamline Core Internal Audit Processes
- Remove admin headaches with a paperless audit system
- Centralise operations and work together seamlessly
- Switch between on and offline working with no duplication
- Make use of comprehensive risk and control libraries
Deliver True Strategic Value To Your Business
- Uncover opportunities for business-enhancing projects
- Identify and assess opportunity risk
- Make informed and intelligent decisions backed by data
- Track performance and identify areas for improvement
FEATURES
Feature-Rich Tools For Every Audit
Intuitive UI
Do more work, faster and at any location, any time.
Mobile and Offline Working
Conduct audits in areas with no connectivity and automatically sync when re-connected.
Flexible APIs
Integrate your business processes by linking data from 3rd-party applications and provide key information to users of other systems.
Living Content Library
Ready-to-use standards, frameworks and regulatory content to automate compliance with various industry-specific regulations.
Risk and Control Management
Define and assess risks and controls automatically with a library of objectives, risks, controls and tests.
Time and Expense Management
Schedule, track and report time and expenses.
Internal and External Reporting
Create detailed, targeted and actionable reports automatically.
Audit Work Paper Management
Go paperless with your working papers in a single system of record.
Audit Evidence Management
Fully integrate your goals, tests, samples and observations in one place.
Audit Project Management
Complete control of resourcing, provision and issue identification.
Business Intelligence and Analytics
Harness the power of AI with data analytics and BI tools.
Issue Tracking and Action Management
Manage actions and incidents with automated tools for follow-up, deadlines, closure and more.
Audit Planning, Scoping and Scheduling
Standardise and automate audit planning and scheduling.
All Audit Types Supported
Regulatory Audit
Financial Audit
SOX Compliance Audit
Operational Audit
IT Audit
Statutory Audit
IIA AUDIT MATURITY
Align Your Business With The IIA Audit Maturity Model and Pentana Audit
We work closely with the IIA and can guide you, step by step, towards the ultimate goal of being a fully mature, risk-aware organisation, capable of making informed decisions about future uncertainties that affect your strategic and operational objectives.
Ideagen's state-of-the-art training software provides a stimulating variety of interactive demos, activities and assessments that encourages your employees to become self-sufficient learners, saving your organisation a wealth of valuable time and money.
At the Repeatable stage of Audit Maturity, audit teams will have a moderate system in place, with defined policies, training, reporting, communication and methodology, but still lack the necessary documentation for these processes.
The information relied upon is not generated from within the system, and skills and credentials of the team meet the minimum satisfactory requirement.
At the Defined stage of Audit Maturity, all policies, methodologies, communication and reporting processes are defined, in place and documented in a stable, central system.
The right skills and credentials are in place, with training requirements carried out efficiently.
With Pentana Audit's intuitive workflows, quality control measures and central repository for all relevant documentation, your audits can easily meet the requirements for the Defined stage.
At the Managed stage of Audit Maturity, audit processes are highly effective, with automated reports, continuous monitoring, and clear communication.
Data integrity is high, and key metrics such as quality and timeliness are defined and monitored to ensure continuous improvement.
Pentana Audit uses powerful features to ensure processes are extremely effective, such as automatic report generation, detailed issue tracking and action management, and an adaptable library of objectives, risks, controls and tests to ensure you achieve the Managed stage comfortably.
At the Optimised stage of Audit Maturity, audit teams benefit from having continuous audit and monitoring processes in place, reliable data analytics able to demonstrate a high level of quality, and adopt a dynamic approach to emerging leading practices.
There is a focus on performance, where compliance issues are dealt with as a matter of course.
Pentana Audit is fully risk-based, meaning that the system is always optimised for continual monitoring and improvement. Dynamic performance dashboards and reports can be created for real-time analysis of all key Audit metrics, bringing your organisation in line with the Optimised stage.
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Audit Maturity: Initial Stage
At the Initial stage of Audit Maturity, audit teams struggle with policies and methodologies that are not defined or in place, incompatible resources, skills and credentials with no facility for training, a high reliance on manual systems and spreadsheets, and a lack of quality, with reporting and communication performed completely ad hoc.
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Audit Maturity: Repeatable Stage
At the Repeatable stage of Audit Maturity, audit teams will have a moderate system in place, with defined policies, training, reporting, communication and methodology, but still lack the necessary documentation for these processes.
The information relied upon is not generated from within the system, and skills and credentials of the team meet the minimum satisfactory requirement.
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Audit Maturity: Defined Stage
At the Defined stage of Audit Maturity, all policies, methodologies, communication and reporting processes are defined, in place and documented in a stable, central system.
The right skills and credentials are in place, with training requirements carried out efficiently.
With Pentana Audit's intuitive workflows, quality control measures and central repository for all relevant documentation, your audits can easily meet the requirements for the Defined stage.
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Audit Maturity: Managed Stage
At the Managed stage of Audit Maturity, audit processes are highly effective, with automated reports, continuous monitoring, and clear communication.
Data integrity is high, and key metrics such as quality and timeliness are defined and monitored to ensure continuous improvement.
Pentana Audit uses powerful features to ensure processes are extremely effective, such as automatic report generation, detailed issue tracking and action management, and an adaptable library of objectives, risks, controls and tests to ensure you achieve the Managed stage comfortably.
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Audit Maturity: Optimised Stage
At the Optimised stage of Audit Maturity, audit teams benefit from having continuous audit and monitoring processes in place, reliable data analytics able to demonstrate a high level of quality, and adopt a dynamic approach to emerging leading practices.
There is a focus on performance, where compliance issues are dealt with as a matter of course.
Pentana Audit is fully risk-based, meaning that the system is always optimised for continual monitoring and improvement. Dynamic performance dashboards and reports can be created for real-time analysis of all key Audit metrics, bringing your organisation in line with the Optimised stage.
CASE STUDIES
Cadence Bank achieves greater audit and risk integration with Pentana Audit
"It’s been an incredibly effective way for us to build the risk culture within the organization… All of our lines of business now know the name Pentana!"
Lana Blackmon, Vice President and Audit Group Manager
